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Investors Capital Group Acquires MF Property in Omaha
Investors Capital Group (ICG), a multifamily investment firm, has acquired the 1501 Jackson Apartments, a 72-unit midrise multifamily property located in Omaha, Nebraska. This strategic acquisition represents the 5th and final property acquisition under ICG’s Apartment Fund 8.
Scott Koethe of The Mogharebi Group brokered the transaction. The property is located in downtown Omaha, and includes amenities such as a clubhouse, fitness center, community deck and secured garage. “We’re excited to place capital in another Nebraska apartment community, particularly such a nice property that is well-positioned for residents to enjoy all the lifestyle benefits of downtown Omaha,” said Mick Halpin, Principal and Managing Member at ICG.
1501 Jackson is poised to take advantage of concerted public and private investments in the area, including the recently completed 15-acre $325 million Gene Leahy Mall. Other significant projects underway included the new Mutual of Omaha Headquarters Tower, which will be the tallest building in the six-state area, a $300 million streetcar system.
